Earlier in the week we sent a poll to our newsletter mailing list to get a sense of how market participants feel in the face of the New York auctions next week when a substantial portion of the industry's business will get done—in one way or another. The poll respondents cover a wide range of client-facing functions though few auction house employees are represented.

We'll go into more detail below but the overall perception of the market is very strong. More than two thirds of respondents express bullish sentiments. Buyers are either scouring the middle market for works that they perceive to be undervalued or they are simply eager to buy.

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